FFX 0.00% 20.0¢ firefinch limited

Ann: Firefinch Successfully Completes A$100m Placement, page-26

  1. 4,040 Posts.
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    @newbieguy re your question.

    The $1124 AISC is for the Life of Mine
    If you read the LOMP you'll find in 2H CY2022 we will be mining both satellite ore + main pit ore, so the AISC will be above that figure.

    Re the production target of 150-200k, you'll notice it refers you to the footnote, where it says refer to the LOMP
    If you read that you'll see their various production targets as production ramps up.
    150-200k has never been their stated production for 2022.

    On another subject, very good IMHO they've dropped the debt facility and used equity financing.
    They'd have looked very hard at both options, debt financing must have been too expensive.
 
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